Consider the following statements:According to the passage, an oil company can make greater profits, if a transparent formula for petrol pricing is announced every fortnight or month, by1. Promoting its sales.2. Undertaking innovation.3. Cutting costs.4. Selling its equity shares at higher prices.Which of the statements given above is/are correct?

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CSAT 2014
Q:4

Consider the following statements:
According to the passage, an oil company can make greater profits, if a transparent formula for petrol pricing is announced every fortnight or month, by
1. Promoting its sales.
2. Undertaking innovation.
3. Cutting costs.
4. Selling its equity shares at higher prices.
Which of the statements given above is/are correct?

1 only

2 and 3

3 and 4

1, 2 and 4

Next Question

Consider the following statements:
According to the passage, private oil companies re-enter the oil producing market if
1. A transparent rule-based petrol pricingexists.
2. There is no government interference in the oil producing market.
3. Subsidies are given by the government.
4. Regulations of anti-trust are removed.
Which of the statements given above are correct?

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